Is Strategy (MSTR) Stock a Buy After Cantor Fitzgerald Lifts Its Target?

Cantor Fitzgerald raised its Strategy (MSTR) price target to $208 from $186, keeping an Overweight rating. The new target assumes bitcoin at $112,000 in 12 months, up from $98,000. MSTR trades at $151.29, down 10% on the day. Strategy conditionally declared daily STRC dividends for November at a 12% annual rate.